Category: Infrastructure

Real estate investment

MahaRERA asks Ekta Housing to repay the buyer after the project is completed

August 30, 2021

The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]

MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore
Metro Construction

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.

August 25, 2021

On Monday, India and the Asian Development Bank (ADB) signed a $500 million loan agreement to extend Bengaluru’s metro rail network with the construction of two new metro lines totalling 56 kilometres in length. The agreement was signed by India’s Additional Secretary, Economic Affairs, Rajat Kumar Mishra, and the lender’s Country Director of ADB’s India […]

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.more
PMAY-Urban-Yojna

The Government has approved the construction of 16,488 new homes under PMAY-Urban.

August 19, 2021

According to a statement, the government approved the building of 16,488 homes in urban areas under the Pradhan Mantri Awas Yojana on Monday, bringing the total number of units sanctioned to more than 1.13 crore. According to the Union Housing and Urban Affairs (HUA) Ministry, the decision was made at a meeting of the Central […]

The Government has approved the construction of 16,488 new homes under PMAY-Urban.more
Real Estate Market

Dubai has become one of the top cities in terms of capital value growth.

August 17, 2021

According to a report released on Monday by a leading global real estate advisor, Dubai ranks among the 30 prominent global cities with positive capital value growth for prime residential properties during the first six months of 2021, as the resilience of the world’s residential property markets continued unabated in the first half of 2021 […]

Dubai has become one of the top cities in terms of capital value growth.more
MahaRERA

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more
Building Construction

Group Satellite introduces the ReservedSky Residences at Goregaon project

August 2, 2021

~Satellite Elegance maximizes your living spaces with exceptional views~ Mumbai, 29th July 2021: Group Satellite, one of Mumbai’s prominent developers introduce the gripping ReservedSky Residences at their Satellite Elegance project located in the ever-transforming and bustling suburban region of Goregaon in Mumbai. The ReservedSky residences start from the 25th floor, priced at 1.49cr onwards. The residences […]

Group Satellite introduces the ReservedSky Residences at Goregaon projectmore
Property investments in India

Springfield City Group invites Indian IT companies to invest in Australia’s city Greater Springfield

July 31, 2021

Springfield, Queensland – 28 July 2021 – Springfield City Group (SCG), the master developer of Greater Springfield, in partnership with Australia India Business Council Ltd (AIBC), the peak body for promoting and enhancing bilateral trade relations between the two countries, aims to further build the Australia-India relationship by attracting world-leading Indian technology companies to Australia. […]

Springfield City Group invites Indian IT companies to invest in Australia’s city Greater Springfieldmore
office space

Facebook extends its office space in Mumbai’s BKC area with a new lease and renewals.

July 24, 2021

Facebook has taken 90,000 sq . ft in commercial tower One BKC in Mumbai’s business hub Bandra-Kurla Complex (BKC) through renewal and new lease agreements with Blackstone Group. The office space is being enlarged, and the firm is preparing for a cautious return to work for its employees. Several major corporations are extending their workplace […]

Facebook extends its office space in Mumbai’s BKC area with a new lease and renewals.more
dubai property marina

Dubai’s real estate market is booming as wealthy Indians look for second homes.

July 20, 2021

Since 2017, Indians have been among the top three countries investing in real estate in the emirate. Despite the Covid-19 pandemic, rich Indians continue to invest in homes in Dubai since the emirate ranks first as a dream destination. Shajai Jacob, Chief Executive Officer (CEO), Gulf Cooperation Council (GCC), Anarock Property Consultants, a real estate […]

Dubai’s real estate market is booming as wealthy Indians look for second homes.more
Raising Funds

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.

July 17, 2021

On July 15, officials from the Noida and Greater Noida government, private developers, and homebuyers met to address the deadlock over delayed flat registration. The conference was presided over by Sanjiv Kumar Mittal, the state’s infrastructure and industrial development commissioner. The developers representing Credai and Naredco were requested to submit a new payment plan to […]

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.more